And the numbers of shares traded is the signal.
For example on GTE 159 meant buy
The infamous 1000 shares meant keep it level
1100 on the other hand meant move it up a notch.
But,to make this even harder to read,for us,ordinary people,the MM's would have days with reverse signals.
In wich case means ,that particular day, 159 would be a sell,and not a buy like usual.
So,you see, this is a little complicated but we are getting close to be able to read their signals.I am sure there is a group of people on one of this boards that do just that:trade MM's signals,but i did not find them yet.
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